How To CPU Mine Monero On A Pool. These are instructions to CPU mine Monero on a pool with Windows and have the shares just click on the “Start Mining” button. gpuShack MSI GTX 970 OC - 19MH/s Ethereum mining. Combine multiple GPUs and build your own mining computer / farm. Check out the profitability from using this GPU to. Hi, I am looking to cloud mine Manero. I have seen some companies, but it can be difficult to find who is reputable, and who allows Manero(XMR) Mining.
How much CPU power to mine 1 coin a day? for Monero mining: How to calculate how much GPU power to mine 1 coin a day for any cryptocurrency? Nih gan baru faucet manero 0.00000500 /60menit banyak games dan bisa mining web juga. Link daftar: https://goo.gl/aTnfbt. How To CPU Mine Monero On A Pool. These are instructions to CPU mine Monero on a pool with Windows and have the shares just click on the “Start Mining” button. gpuShack MSI GTX 970 OC - 19MH/s Ethereum mining. Combine multiple GPUs and build your own mining computer / farm. Check out the profitability from using this GPU to. Hi, I am looking to cloud mine Manero. I have seen some companies, but it can be difficult to find who is reputable, and who allows Manero(XMR) Mining.
|Date of introduction||18 April 2014; 3 years ago (2014-04-18)|
Monero (XMR) is an open-source cryptocurrency created in April 2014 mining manero focuses on privacy and decentralization that runs on Windows, macOS, Linux, Android, and FreeBSD. Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.
The focus on privacy has attracted illicit use by people interested in evading law enforcement. The egalitarian mining process made it viable to distribute the mining effort opening new funding avenues for both legitimate online publishers and malicious hackers who covertly embed the mining code into websites and apps.
Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is based on the CryptoNight PoW hash algorithm, which comes from the CryptoNote protocol. It possesses significant algorithmic differences relating to blockchainobfuscation. By providing a high mining books free of privacy, Monero is fungible, meaning that every unit of the currency can be substituted by another unit. This makes Monero different from public-ledger cryptocurrencies like Bitcoin, where addresses with coins previously associated with undesired activity can be blacklisted and have their coins refused by other users.
In particular, the ring signatures mix the spender's address with a group of others, making it exponentially more difficult to establish a link between each subsequent transaction. Also, the "stealth addresses" generated for each transaction make it impossible to discover the actual destination address of a transaction by anyone else other than the sender and the receiver. Finally, the "ring confidential transactions" mechanism hides the transferred amount.
Monero is designed to be resistant to application-specific integrated circuit mining, which is commonly used to mine other cryptocurrencies such as Bitcoin. It can be mined somewhat efficiently on consumer grade hardware such as x86, x86-64, ARM and GPUs.
The underlying CryptoNote protocol that Monero is based on was originally launched by pseudonymous author Nicolas van Saberhagen in October 2013.
Monero was originally launched by a Bitcointalk forum user only known as "thankful_for_today" under the name BitMonero which is a compound of Bit (as in Bitcoin) and Monero (literally mining manero "coin" in Esperanto). Five days later, the currency's supporters opted for the name to be shortened to Monero.
In September 2014, Monero was attacked when an unknown party exploited a flaw in CryptoNote that permitted the creation of two subchains that refused to mining manero the validity of transactions on each other. CryptoNote later released a patch for the flaw, which Monero implemented.
Monero experienced rapid growth in market capitalization and transaction volume during the year 2016, partly due to adoption in 2016 by major darknet marketAlphaBay, which was closed in July 2017 by law enforcement.
On January 10, 2017, the privacy of Monero transactions were further strengthened by the adoption of Bitcoin Core developer Gregory Maxwell's algorithm Confidential Transactions, hiding the amounts being transacted, in combination with an improved version of Ring Signatures.
Monero's blockchain protects privacy in three ways. Ring signatures enable the sender to hide among other transaction outputs, stealth addresses hide the receiving address of the transaction and RingCT hides the amount of the transaction. As a consequence, Monero features an opaque blockchain. This is sharp contrast with transparent and traceable blockchain used by Bitcoin. Thus, Monero is said to be "private, optionally transparent".
Monero has two sets of keys, called a "view key" and a "spend key". View key can be separately shared to enable optional transparency. However, the system is designed to ease processing on mobile devices, as it is impossible to calculate an accurate wallet balance without a spend key.
In April 2017 research highlighted three major threats to Monero user's privacy. The first relies on leveraging the ring signature size of zero, and ability to see the output amounts. The second, described as mining manero Output Merging", involves tracking transactions where two outputs belong to the same user, such as when a user is sending the funds to himself ("churning"). Finally the third threat, "Temporal Analysis", shows that predicting the right output in a ring signature is easier than previously thought.
Monero development team addressed the first concern in early 2017 with introduction of Ring Confidential Transactions (ringCT) as well as mandating a minimum size of ring signatures in the March 2016 protocol upgrade. Monero developers also noted that Monero Research Labs, mining manero, their academic and research arm, already noted and outlined the deficiency in two public research papers in 2014 and 2015.
Monero Client GUI running on Ubuntu 17.10 whilst connected to a remote node.
|Original author(s)||The Monero Project|
|Initial release||April 18, 2014; 3 years ago (2014-04-18)|
v0.11.1.0 "Helium Hydra"  / October 15, 2017; 3 months ago (2017-10-15)
|Written in||C++, C|
|Operating system||Windows, Linux, macOS, FreeBSD (CLI only), DragonflyBSD (CLI only)|
|Platform||IA-32, x86-64, ARMv7, ARMv8|
A user needs client software, a so-called wallet, to interact with the Monero network. The Monero Project produces the reference implementation of a Monero wallet. This implementation is broken up into three parts. The main software daemon is called monerod and it is responsible for reading the blockchain and claiming the user's transactions. monero-wallet-cli is responsible for managing the user's account, also known as wallet address, and generating new transactions. Finally, Monero GUI allows the user to interact with the aforementioned components through a graphical user interface. All of the software produced by The Monero Project is open source and licensed under a broadly permissive BSD license.
Other third party implementations of Monero clients exist such as Monerujo which also make it possible to use Monero on Mining manero. Finally, a web wallet allows users to interact with the network entirely through the browser using a third party website.
The feasibility of CPU mining Monero has made it viable for malicious actors to covertly distribute miners embedded in malware, using the victim's hardware and electricity for the financial gain of the malware developer.
Monero is sometimes employed by Bitcoin users to break link between transactions, mining manero, with bitcoins first converted to Monero, then after some delay, converted back and sent to an address unrelated to those used before. Researchers have reported that the operators behind the global ransomware incident WannaCry have converted their proceeds into Monero. It is also the preferred payment method of choice for The Shadow Brokers. Exchanges ShapeShift and Changelly are cooperating with police after it emerged that the WannaCry attackers used it to convert Bitcoin to Monero. "Any transactions made through ShapeShift can not be hidden or obscured and are thus 100 percent transparent" stated ShapeShift.
- ^"Monero (XMR) Price Chart, Market Cap, Index and News". Investing.com. Retrieved 9 August 2017.
- ^"Downloads page in rocks and mining official website". 31 December 2017.
- ^ ab"What to Know Before Trading Monero - CoinDesk". CoinDesk, mining manero. 2017-05-28. Retrieved 2017-11-22.
- ^ abGallagher, Sean (4 August 2017). "Researchers say WannaCry operator moved bitcoins to "untraceable" Monero". Ars Technica.
- ^ abcdef"Monero, mining manero, the Drug Dealer's Cryptocurrency of Choice, Is on Fire". WIRED. Retrieved 2017-11-22.
- ^ abTung, Liam. "Android security: Coin miners show up in apps and sites to wear out your CPU | ZDNet". ZDNet. Retrieved 2017-11-22.
- ^"Monero". Cointelegraph. 24 May 2015.
- ^ abRizzo, Pete (February 4, 2017). "Drugs, Code and ICOs: Monero's Long Road to Blockchain Respect". CoinDesk.
- ^Lopp, mining manero, Jameson (April 9, 2016). "Bitcoin and the Rise of the Cypherpunks". mining manero abvan Wirdum, Aaron (September 1, 2016). "How Bitcoin Users Reclaim Their Privacy Through Its Anonymous Sibling, Monero". Bitcoin Magazine.
- ^ abTsihitas, Theo (September 22, 2017). "Monero vs Bitcoin: Monero Adopted by Privacy Focused Crypto Users". CoinCentral.
- ^Werner, Albert (September 8, 2014). "Monero network exploit post-mortem". Cryptonote forum.
- ^Macheta, Jan; Noether, Surae; Noether, Sarang; Smooth, Javier (12 September 2014). "MRL-0002: Counterfeiting via Merkle Tree Exploits within Virtual Currencies Employing the CryptoNote Protocol"(PDF). Monero Research Labs.
- ^Popper, Nathaniel; Ruiz, Rebecca R. (20 July 2017). "2 Leading Online Black Markets Are Shut Down by Authorities". The New York Times.
- ^O'Leary, Rachel Rose mining lasers eve online 8, 2017). "Increased Hashrate Forces Premature Monero Hard Fork Sep 8, 2017 at 15:00 UTC by Rachel Rose O'Leary". CoinDesk.
- ^ abNoether, Shen; Noether, Safety equipment for mining. "Monero is Not That Mysterious"(PDF). lab.getmonero.org. Retrieved 6 November 2017.
- ^ abcSaberhagen, Nicolas. "CryptoNote Whitepaper"(PDF). cryptonote.org. Retrieved 6 November 2017.
- ^Noether, Shen; Mackenzie, Adam. "Ring Confidential Transactions"(PDF). lab.getmonero.org. Retrieved 6 November 2017.
- ^Reynolds, Perri; Irwin, Angela. "Tracking digital footprints: anonymity within the bitcoin system". emeraldinsight.com. Retrieved 6 November 2017.
- ^"A beginner's guide to Monero". medium.com. Retrieved 6 November 2017.
- ^ abcKumar, Amrit; Fischer, Clément; Tople, Shruti; Saxena, Prateek. "A Traceability Analysis of Monero's Blockchain"(PDF). eprint.iacr.org. Retrieved 6 November 2017.
- ^ ab"You Can Link Monero Transactions – But Which? And What's the Impact? - CoinDesk". CoinDesk. 2017-04-22. Retrieved 2017-11-15.
- ^"Monero: Monero 0.11.1.0". getmonero.org, The Monero Project. Retrieved 2017-11-22.
- ^Project, The Monero (2017-11-22), mining manero, monero: Monero: the secure, private, untraceable cryptocurrency, retrieved 2017-11-22
- ^"Monero: Monero tools". getmonero.org, The Monero Project. Retrieved 2017-11-22.
- ^"Monero: Monero tools", mining manero. getmonero.org, The Monero Project. Retrieved 2017-11-22.
- ^"Monero License".
- ^"Monerujo Android Wallet Makes Using Monero on Mobile Easier". The Merkle. Retrieved 2017-11-22.
- ^ abGoodin, Dan (October 30, 2017). "A surge of sites and apps are exhausting your CPU to mine cryptocurrency". Ars Technica.
- ^Thomson, Iain (October 19, 2017). "Stealth web crypto-cash miner Coinhive back to the drawing board as blockers move in". The Register.
- ^Pearson, Jordan (2017-09-19). "Someone Made an Ad Blocker But for Cryptocurrency Mining". Motherboard.
- ^"Bitcoin Exchange ShapeShift Helps Police As WannaCry Examples data mining Converts To Monero". Cointelegraph. 4 August 2017.
New faucet 0.00000500, games dan mining manero legiit gan | Forum Bitcoin IndonesiaHi, I am looking to cloud mine Manero. I have seen some companies, but it can be difficult to find who is reputable, and who allows Manero(XMR) Mining. Click and study all existing monero mining pools,then choose one of them and start getting Monero immediately! Our first Monero CPU mining benchmarks using several Intel Xeon E5 systems mining Monero. We have resources for getting started on your own using Docker. Download the Latest CUDAminer Nvidia GPU While GPU mining still does work better on 11 Responses to Download the Latest CUDAminer Nvidia GPU Miner Software. Monero is designed to be resistant to application-specific integrated circuit mining, which is commonly used to mine other cryptocurrencies such as Bitcoin. Below are statistics about the Bitcoin Mining performance of ASIC hardware and only includes specialized equipment that has Bitcoin mining hardware comparison for.
Below are statistics about the Bitcoin Mining performance of ASIC hardware and only includes specialized equipment that has Bitcoin mining hardware comparison for. Download the Latest CUDAminer Nvidia GPU While GPU mining still does work better on 11 Responses to Download the Latest CUDAminer Nvidia GPU Miner Software. Monaro Mining NL ABN 99 073 155 781 PO Box 1788, West Perth, WA, Australia, 6872 103 Abernethy Road, Belmont, WA, Australia, 6104 Telephone: (08) 9277 9782 Facsimile: (08) 9277 6818 2. New name. To better reflect the new focus of the Company, we have decided to change the name of the Company to Australian-American Mining .
This answer will attempt to answer the question at multiple levels, as follows:
- Section I explains the basics of how to calculate this yourself.
- Section II provides updated calculations based on Section I.
- Section III provides an abstracted way to determine this based only on the total network hashrate and the total number of coins in circulation.
I. Explaining how to determine this on your own:
- Monero has an average block time of 2 minutes, meaning that there are approximately 720 blocks per day.
- Your expected reward is proportional to your share of the network hashrate. The current hashrate is ~23.3 MH/s (http://moneroblocks.info/), or 23300000 H/s.
- Monero's block reward is decreasing slightly every block. Right now it is a little less than 11 XMR, but I'm going to just use 11.0 in my calculations.
- To find out the exact reward at any given time, you could go to a block explorer (http://moneroblocks.info/) and click on the most recent block. It will tell you the reward for that block.
- Disclaimer: The reward changes based on how many transactions are included in a block. For instance, block 1124279 was empty and had a reward of 10.826400000000, while block 1124278 had 4 transactions and a higher reward of 11.078600000000. Nonetheless, you can get a rough idea using this method...
Okay, putting it all together, where your share of the hashrate is "n":
Since the question was for a reward of 1 XMR per day, using the numbers above:
and solving for n:
which is pretty close to @villabacho's answer.
I just want to get a general idea.
Generally speaking, the formula to determine the hashrate needed to mine 1 XMR per day is:
What CPU / GPU would be required to solo mine 1 coin a day?
The most energy efficient GPU that I know of for mining XMR is the GTX 750 Ti, which gets approximately 250 H/s for a little more than $100/GPU. 12 of these GPUs would give you 3000 H/s, or a little more than 1 XMR per day at the current mining and reward levels.
II. 20 June 2017 Update to Section 1:
- Hashrate: ~87.4 MH/s
- Reward: ~7.22 XMR/block (including fees)
Using our formula :
n = 16812 H/s, or 16.81 kH/s to mine 1 XMR per day.
You would need approximately 67 GTX 750 Ti's at 250 H/s each, OR approximately 28 RX 470's at 600 H/s each, OR approximately 22 RX 480's at 750 H/s each.
III. 20 June 2017 addition abstracting calculation further:
A more general formula can be developed that calculates the Average Block Reward used above from the total coins in circulation.
The base block reward is calculated by
where and is the current amount of XMR in circulation (in terms of atomic units, where 1 XMR = 10^12 atomic units). We can reduce this for ease of use to be as follows:
where and represents XMR "coins" in circulation as we traditionally think of them.
From this formula, it should be clear that the base reward for each block is progressively decreasing. However, we can consider it roughly constant in the short term for our purposes here, as over a 720 block period (one day) the reward drops ~0.01 XMR at today's rate. Therefore, we can substitute this Reward value as an approximation of the Avg Block Reward over a relatively short period with an error of much less than 1%. Combining our two formulas:
and reducing gives
or more simply
According to https://www.monero.how/ at the current block height of 1336863,
- The network hashrate is 87.4 MH/s or 87400 kH/s
- There are 14658448 total coins in circulation
Substituting these values into our formula
and noting that is in kH/s, we would need 16.796 kH/s of hashing power to mine 1 XMR today.
Note: This calculation does not include fees, so you should actually mine slightly more than 1 XMR today with that hashrate. But you will have to pay pool fees, account for variance, etc, so it's a fairly good approximation still.
TL;DR - Use one of these formulas:
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